Bend It Like Iran (with Hooman Majd)

“The Iranians have always figured out how to beat the system. . . . Even Iranians who are opposed to this government, even Iranians who are opposed to the Islamic Republic, don’t really wanna return to being a client state of the United States.” — Hooman Majd

Monthly Review Essays

Historically, capitalism develops institutions and ideologies that justify surplus extraction and capital accumulation. In the last decades of the twentieth century, the financialization of capitalism initiated a new era of accumulation which is known in academic contexts as finance-capital-driven neoliberalism.

Both Sweezy and Dimitrov agree that fascism arises in the middle class and becomes a threat when the bourgeoisie embraces it, but Sweezy’s unique contribution is to demonstrate fascism’s relationship to the postwar transitional period of class equilibrium.